Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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The best price you could have got was 0.29 on the offer. As you can see that was a DMA trade so someone with DMA access or an algorithm bought that small trade for less than £400.00.
0.29 -0.3047 spread is tighter than usual. I expect big spike sooner or later for the patient. Good luck.
Cheety23
The .35 is an anomaly of LSE alone. It is unreliable. It happens occasionally a glitch last trade was a buy at 0.3074 x500,000.
Why not wait a bit longer and you can get 0.40 0r on completion .60 or above? Little more patience and it should be easy to sell when the herd comes.
Anyone know why the bid and ask price are both showing as 35?. This actually happened at around 4.27pm before close but it wouldn't let me complete a sell.
Going to go really high on any completion.
100% Jump easy.
We do not know when this will come. It is out of the control of EME. But when it does come there is an instant jump of 100 way past the 0.60. It could even go all the way to 1 pence and be a multibagger. Great entry at this level.
Unbelievable news .trying to use what's left of the company value in order to pursue a project rated lower than the one that failed You could not make it up!!!!!
Yesterdays news.
Australian .
Empyrean Energy PLC - oil and gas developer with projects in China, Indonesia and the US - Yet to drill Topaz prospect and does not meet requirements to continue the cooperation on Block 29/11 in offshore China. In order to proceed with second phase at block, it needed to drill Topaz by June 12. It adds: "During 2023, Empyrean engaged LAB Energy Advisors (London) with respect to broadening the reach for possible risk sharing alternatives and farm out opportunities for the Topaz prospect. Despite strong interest in the technical merit of the Topaz prospect, no farm out deal has been reached as of today's date. Empyrean has put forward a submission to CNOOC for an extension on Block 29/11. The company will make a further announcement should its request for an extension be granted."
You just can't write the script - and mentioning shareholder value when the share price is destroyed.
Lol 30 down to .25 this is a laugh .....lets not forget the salary sacrifice lol lol ..this guy cannot run a mile let alone a company...if you have any doubts just look at the S.P and lack of communication, yes Ned Kelly rides again ........je should be embarrassed!
More nonsense from fishman Ilovesushi
I have seen this company fall and fall from where I was a holder from 8-9p to touching 30p years ago. I’d agree nothing will stop this drop until we see money being made.
May 30 RNS - "we will continue our preparations for drilling within the November - May 2024 drilling weather window."
https://www.youtube.com/watch?v=7PUtiIFOsrs
. The sell down process being coordinated by the operator of the Duyung permit through Jefferies International Bank is ongoing.
Still think this sell down is multiples of Market Cap.
Just have to wait a bit longer for that A binding Gas Sales Agreement to complete first before of any sell down transaction.
Mixed bag.
Up 28%
I wish you all well, but there have been so many false dawns with this company over the years, I will only be convinced when I see the figures !
40 - 50 - 60 coming on news of deal of completion. Definitely several multiples of market cap.
Could be some wait for completion of pipeline. Then woosh...
"Under the Key Terms, the parties will conclude negotiations for and agree in good faith a GSA that will include and be based upon the Key Terms. The parties shall endeavor to sign such GSA by no later than 31 May 2024".
ANY DAY NOW. BIG POSITIVE WHEN NEWS BREAKS. Great chance for big rise.
Deal news now over due.
Should spike on update.
Deal could be many multiples of market cap.
More buys than sells now
That is worth much more than the company market cap that is for sure. Not sure how much more. Its several times market cap that is for sure. ONE WEEK LATE for update.
News could come any day.
The parties shall should have to signed GSA by no later than 31 May 2024. So it over a week late. Could come any day then the shares could jump 50%
Great Entry. Mako Gas Sale deal could take this up big time.
Mako Gas Sale will create an income many multiples of the current share price. buy buy buy
Now lets wait for a juicy Mako Gas Sale Key deal with with PGN